OTC Vitamins & Dietary Supplements Market Research Report Through 2017-2022 in Healthcare Industry by Function and OTC Channel

Majority of OTC cough, cold and allergy medicines manufacturers are actively focusing on raising the standards of functionality and effectiveness. Growing consumer awareness and introduction of more cost-efficient and effective anti-inflammatory drugs is facilitating the growth of the global OTC vitamins & dietary supplements market. A recent report by FactMR provides in-depth analysis of the global OTC vitamins & dietary supplements market for the forecast period 2017-2022, and offers pragmatic insights to lead market players towards devising & implementing informed strategies.

The scope of FactMR’s report is to analyze the Global OTC Vitamins & Dietary Supplements Market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. OTC vitamins & dietary supplements manufacturers, suppliers and stakeholders in the global market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading magazines and journals pertaining to health and wellness.

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Over-the-counter (OTC) vitamins and dietary supplements are sold directly to consumers without any medical prescription. In many countries, OTC vitamins and dietary supplement products are regulated to ensure that they are effective and safe when used. Drug regulatory bodies allow manufacturers to formulate vitamin ingredients or combination of ingredients that are well tolerated and do not pose any risk of side effects or reactions.

As per the latest report published by Fact.MR, the global OTC vitamins and dietary supplements market is poised to increase at a CAGR of 6.7% between 2017 and 2022. A positive outlook on the role of OTC vitamin and dietary supplement products in improving body endurance and muscular strength is characterizing the widespread acceptance of such products. Also, the growth of the healthcare sector and introduction of favorable government policies focused on the development of healthcare is partly responsible for the increasing popularity of various over-the-counter (OTC) drugs including vitamins and dietary supplements.

A notable growth in demand for OTC vitamins and dietary supplements has been observed in emerging countries such as China, Brazil and India due to increasing awareness among consumers about the benefits of such products. In addition, factors such as self-medication in cases of minor health issues, cost-effectiveness, and convenience of direct purchase are anticipated to drive the adoption and acceptance of OTC vitamins and dietary supplements over the next couple of years. Besides, drug makers are now concentrating on innovation in the formulation of such products in order to increase their functionalities.

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Pharmacies will remain the leading OCT channel for OTC vitamins and dietary supplements in 2017 and beyond. Pharmacies currently account for more than one-fourth share of the global market in terms of revenue. However, this OTC channel segment of the market is expected to lose 141 BPS toward the end of the forecast period.

Based on product form, global sales of OTC vitamin and dietary supplements capsules are expected to remain relatively higher over 2022.  Close to US$ 33 Bn worth of capsules are expected to be consumed worldwide by the end of the forecast period.

Competition Tracking

The global OTC vitamins and dietary supplements market remains highly competitive with several leading companies partaking in it, which include BASF SE, DuPont, Koninklijke DSM N.V., Archer Daniels Midland Company., Lonza Group Ltd, Jubilant Life Sciences Limited, Atrium Innovations, Inc., Sanofi S.A., Pfizer, Inc., GlaxoSmithKline plc, Dil Limited., Reckitt Benckiser LLC, CSPC Pharmaceutical Group Limited., Otsuka Holdings Co. Ltd., and Bactolac Pharmaceutical, Inc.

Table of Contents

Chapter 1. Global OTC Vitamins and Dietary Supplements Market – Executive Summary. 30

Chapter 2. Global OTC Vitamins and Dietary Supplements Market Overview. 32

2.1. Introduction. 32

2.1.1. Global OTC Vitamins and Dietary Supplements Market Taxonomy. 32

2.1.2. Global OTC Vitamins and Dietary Supplements Market Definition. 32

2.2. Global OTC Vitamins and Dietary Supplements Market Size (US$ Mn) and Forecast, 2012-2022. 33

2.2.1. Global OTC Vitamins and Dietary Supplements Market Y-o-Y Growth. 33

2.3. Global OTC Vitamins and Dietary Supplements Market Dynamics. 33

2.3.1. Drivers. 33

2.3.2. Restraints. 34

2.3.3. Trends. 34

2.4. Supply Chain. 34

2.5. Epidemiology. 34

2.6. List of Distributors. 34

2.7. Average Pricing Analysis. 35

2.8. Regulations. 35

2.9. Key Participants Market Presence (Intensity Map) By Region. 35

Chapter 3. Global OTC Vitamins and Dietary Supplements Market Analysis and Forecast By Function. 36

3.1. Global OTC Vitamins and Dietary Supplements Market Size and Forecast By Function, 2012-2022. 36

3.1.1. Immune Health OTC Vitamins and Dietary Supplements Market Size and Forecast, 2012-2022. 36

3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 36

3.1.1.2. Market Share Comparison, By Region. 38

3.1.1.3. Y-o-Y growth Comparison, By Region. 38

CONTINUED…………………………

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